C&B Notes

Investing is a discipline built on cumulative knowledge, and it requires a continuous evaluation and assessment of new information. The purpose of C&B Notes is to pass along the ideas, concepts, stories, and information that are informing, influencing, and updating our worldview. We use them to build on our “latticework of mental models” that help us make better decisions.

166 articles in list

Some Good News

In case you have not seen any of the episodes, we would encourage you to spend a few minutes on John Krasinski’s SomeGoodNews.  Krasinski will lift your spirits and provide a nice antidote to the COVID-19 news flow.  Your whole…

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Malone in Long Form

This interview with John Malone during Liberty’s Investor Day was fantastic, as he covered a lot of ground across media and telecom industries.  We particularly enjoyed his focus on competitive advantages and his assessments of how companies are (or are…

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Online Ad Effectiveness

Google is under antitrust heat for the dominance of its online advertising business.  The WSJ provides a cool visual summary of how the ad serving engine works in various scenarios.  Steve Tadelis has a contrary take, as he challenges the…

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A Quantum Leap?

Quantum computers have been a promise of the future for decades.  Claim by Google of a recent “quantum supremacy” breakthrough has been disputed by other tech giants who are also trying to push the field forward, but we are now…

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Amazon’s Evolutionary Echo of Walmart

Zack Kanter, an avowed student of Amazon and Walmart, takes a fascinating look at the evolution of retail through the lens of these two companies.  In the piece, which is long but well worth the investment of time, he argues…

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K Car = Skateboard Chassis?

In the late ‘70’s and early ‘80’s, Lee Iacocca bet big on the K car concept, which is credited as being one of the (if not the) primary reasons for Chrysler’s resurgence.  Competitive dynamics in the car business have changed,…

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Artificial Ethics

MIT Media Lab created an updated version of the “trolley problem” that has been unexpectedly popular.  The study has provided MIT researchers with a large cross-country, cross-culture data set about the ethical choices around artificial intelligence design.  Give the thought…

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China’s National Sword Policy

China’s evolution from a fast-growing economy driven by manufacturing to a slower-growth behemoth focused on other parts of its economy is creating ripples that are hard-to-anticipate but certainly disruptive.  For example, China recently instituted a policy to exit the recycling…

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4G Transformation in India

Late last year and early this year, we shared two C&B Notes about the emerging internet user in developing economies and their apps/tools of choice, with a particular focus on India.  The delivery of a near-seamless internet experience on slow…

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New Money: An Old Idea

Cryptocurrencies feel like a revolutionary idea, but this attempt is not the first time people have tried to reinvent money.  Bitcoin, Ethereum, and others have seemed to gather a following that these old attempts never did, but will this outcome…

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Voice Dictates Choice

We have been internally discussing the impact of voice search for some time, including its implications for retail, consumer products, and Google’s search business.  With voice potentially growing to half of all searches, the stakes of the voice search race…

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No One Better Than Barry

Barry Sanders was mesmerizing to watch. His relative athleticism gap may not be as wide today, but it is hard to imagine anyone has been harder to tackle in any era. It is a worthwhile, entertaining five-minute investment to scroll…

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